Risk First | Trend Confirmation
$SOXLB 24h is up 10.68%, with the latest price at 102.41.
Trend confirmation takes three steps: breakout, pullback, and a renewed increase in volume. For now, we’re simply noting the unusual move and waiting for the next two steps to confirm.
Volatility is still expanding; watch whether trading volume can remain sustained.
Give the market a little time to confirm.
#SOXLB #TrendConfirmation
$SOXLB 24h is up 10.68%, with the latest price at 102.41.
Trend confirmation takes three steps: breakout, pullback, and a renewed increase in volume. For now, we’re simply noting the unusual move and waiting for the next two steps to confirm.
Volatility is still expanding; watch whether trading volume can remain sustained.
Give the market a little time to confirm.
#SOXLB #TrendConfirmation